"But a couple of exchanges did put in a bottom a couple of week earlier - Shanghai and Hong Kong, and commods followed very soon after. So now we should be paying pay close attention to what's going on in those countries via-a-vis liquidity and central bank policies as they drive these markets."
actually you are right about other countries
that is where the industrials are
so you could say
industrials eg china
then
higher production
then
commodity prices
then
resources stocks (australian stock exchange)
what is the weighting for the australian stock exchange
I think it is mostly banks and resource companies isnt it?
mondayitis, page-76
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